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Jerome Powell Defends Federal Reserve's Independence from Political Pressure

Outgoing Federal Reserve Chair Jerome Powell used his JFK award speech to strongly defend the central bank's independence from political pressure. He warned that politicizing the Fed would erode its credibility and undermine its ability to effectively manage the economy.

31 May, 17:30 — 1 Jun, 03:35
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Left (2)
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Right (7)
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Sources

Showing 11 of 15 sources
APVery High2h ago

Jerome Powell uses JFK award speech to warn against political pressure on Fed, courts and schools - AP News

Jerome Powell uses JFK award speech to warn against political pressure on Fed, courts and schools  AP News

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bloombergHigh3h ago

Powell Says Fed Credibility Lost If President Can Fire Officials - Bloomberg.com

Powell Says Fed Credibility Lost If President Can Fire Officials  Bloomberg.com

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wsjHigh3h ago

Former Fed Chair Powell Delivers a Pointed Warning, Wrapped in Abstraction - WSJ

Former Fed Chair Powell Delivers a Pointed Warning, Wrapped in Abstraction  WSJ

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FTVery High10h ago

Fed and BoE signal little desire to change monetary policy

Whether it was the effects of AI or energy, they saw the benefits of an active hold at the Reykjavik Economic Conference

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le-mondeHigh2h ago

Outgoing chair Powell delivers defense of Fed independence

'Our credibility has been built and sustained over many decades, and we have a duty to safeguard that priceless asset for our fellow citizens and for generations to come,' said former Fed chair Jerome Powell.

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SCMPMostly Factual39m ago

Powell uses JFK award speech to defend Fed from political pressure

Former US Federal Reserve chair Jerome Powell used one of his first major public appearances since leaving office to defend independent institutions while accepting an award Sunday honouring his efforts to preserve the central bank’s independence. Speaking at the John F. Kennedy Presidential Library, Powell called universities, courts, Congress and the central bank “the foundation and the embodiment of our democracy” and argued that the Fed’s independence was a “priceless asset” that must be...

By Associated Press

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marketwatchMostly Factual1h ago

Jerome Powell warns that politicizing Fed will erode its credibility

Former Fed Chair Jerome Powell on Sunday called the Federal Reserve’s independence “a priceless asset” that must be protected, in one of his first major speeches since stepping down from his post earlier this month.

By Mike Murphy

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YahooMostly Factual4h ago

If the Fed Hikes Again, These 3 Financial Stocks Should Still Hold Up

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straits-timesMostly Factual2h ago

Outgoing chair Powell delivers defence of US Federal Reserve’s independence - The Straits Times

Outgoing chair Powell delivers defence of US Federal Reserve’s independence  The Straits Times

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hindustan-timesMostly Factual2h ago

Outgoing chair Powell delivers defense of Fed independence

Outgoing chair Powell delivers defense of Fed independence

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channel-news-asiaMostly Factual1h ago

Outgoing chair Powell delivers defence of Fed independence

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Coverage Timeline

First report: seeking-alpha · 31 May, 15:54Full coverage: 15 · 12hWindow: 12h
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